secwatch.observer — SEC 8-K summary
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Issuer:     DOVER Corp (DOV)
CIK:        0000029905
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0000029905-22-000025
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dover changes segment earnings definition; recasts historical data for 2019-2021 and Q1 2022
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- Segment earnings now excludes purchase accounting, restructuring, gain/loss on dispositions, corporate expense, interest, and taxes.
- Previously used EBIT (earnings before corporate expense, interest, and taxes); change is to better assess operating results.
- Annual recast segment earnings provided for FY 2019 ($1,324M), FY 2020 ($1,254M), FY 2021 ($1,633M), and Q1 2022 ($403M).
- Consolidated net earnings and financial statements for prior periods are not revised.
- Change effective for three-month period ended June 30, 2022; no impact on prior reported results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29905/000002990522000025/0000029905-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29905/000002990522000025/dov-20220630.htm
  HTML page:      https://secwatch.observer/filing/0000029905-22-000025

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